Pivot: 64.45

Our preference: short positions below 64.45 with targets at 63.70 & 63.50 in extension.

Alternative scenario: above 64.45 look for further upside with 64.75 & 65.20 as targets.

Comment: as long as 64.45 is resistance, expect a return to 63.70. Crude Oil is trading below the declining 50-period moving average.

Chart Caption
   Green Lines Represent Resistances
   Red Lines Represent Support Levels
   Light Blue is a Pivot Point
   Black represents the price when the report was produced

Kategori: Analisa